Southeast Asia – Philippine Inflation Rate Declines to 9-Month Low (Update2) (Bloomberg)

Posted on January 5th, 2009 by in News Headlines, Southeast Asia

Philippine Inflation Rate Declines to 9-Month Low (Update2) (Bloomberg)
By Francisco Alcuaz Jr. Jan. 6 (Bloomberg) — Philippine inflation eased to the slowest pace in nine months in December, prompting the central bank to say it will consider further interest-rate cuts.

Philippine December inflation eases to 8 percent (AP via Yahoo! News)
Inflation in the Philippines slowed in December to 8 percent as fuel and other basic commodity prices continued to decline, the government said Tuesday.

Thailand s Sugar Production Falls 5.2% in First Month (Update1) (Bloomberg)
Jan. 6 (Bloomberg) — Thailand, the world s second-biggest exporter of sugar, produced 1.09 million metric tons of the commodity in the first month of the crushing season, dropping 5.2 percent from last year.

Malaysia heads into critical by-election (AFP via Yahoo! News)
Campaigning kicked off Tuesday for a critical by-election seen as a test of the Malaysian government’s popularity since disastrous losses in national polls last year.

Vice-mayor killed in southern Philippines (AFP via Yahoo! News)
A vice-mayor has been shot dead in the southern Philippines, police said Tuesday, in what is believed to be the country’s first political killing this year.

Philippine December inflation eases to 8 percent (San Francisco Chronicle)
Inflation in the Philippines slowed in December to 8 percent as fuel and other basic commodity prices continued to decline, the government said Tuesday. The National Statistics Office said the inflation rate eased from 9.9 percent in November for its fourth…

Asian Currencies: Thai Baht, Malaysian Ringgit Fall; Peso Gains (Bloomberg)
Jan. 6 (Bloomberg) — Thailand s baht and the Malaysian ringgit fell to three-week lows on concern deepening recessions in the world s major economies will sap demand for regional assets.

Philippine Inflation Rate Declines to 9-Month Low (Update1) (Bloomberg)
By Francisco Alcuaz Jr. Jan. 6 (Bloomberg) — Philippine inflation eased to the slowest pace in nine months in December as the cost of fuel, electricity and water declined.

Singaporean charged with murder of 7yr-old stepson (The Star)
JOHOR BARU: Singaporean Shawal Senin, 31, was charged at a magistrates court here with the murder of his seven-year-old stepson Siwakorn Sukuntha, a Thai national, under section 302 of the Penal Code.

Burma Sends 19 North Koreans to Thailand (Thailandnews.net)
Burmese authorities have sent 19 North Koreans, arrested while trying to defect to South Korea across the Thai border, to Thai s Chiang Rai province, where Thai authorities have now re-arrested thre…

Thailand blocks 2,300 websites for insulting monarchy (AFP via Yahoo! News)
Thai authorities have blocked 2,300 websites for allegedly insulting the country’s revered monarchy and are waiting for court approval to restrict another 400, the government said Tuesday.

Strong quake displaces thousands, damages hundreds buildings in Papua, Indonesia (Philippine News Agency)
JAKARTA, Jan. 5 (PNA/Xinhua) — The powerful quakes in Papua in easternmost of Indonesia on Sunday have led over 14,000 people taking shelters in tents, destroyed hundreds of buildings, killed one person and injured dozens others, local disaster management agency said on Monday.

Vietnam to build hydro-power plants in Laos (Nh n D n)
Nhan Dan – The Ministry of Planning and Investment of Laos and the Electricity of Vietnam International Joint Stock Company has recently signed a memorandum of understanding in Vientiane in preparation for construction of three hydro power plants in the Nam Et river, in Muong Et district, Huaphan province in Laos.

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